Quote from: Samarkand on February 02, 2018, 12:36:37 PM

Quote from: davis196 on February 02, 2018, 12:21:38 PM

There`s no single manipulator,who is rich and powerfull enough to push the prices down.
...

There are several big holders (e.g. the Winklevoss twins) who own a 5-digit or
even a 6-digit amount of BTC. They could completely wipe out the market with
a few huge market sells. Even 5000-1000 BTC would be enough to wipe
out the order book on most exchanges.

You seriously underestimate the amount of coins that some BTC whales actually
own.

Asides from underestimating the amount of coins some of these whales own, it is bad underestimating the level at which they can go with manipulations to get a whole lot of profit. We cannot play against them and the only thing we can do is to react with the market and think like them. They read charts like they are reading human emotions, and they have always known how to play this perfectly well.

Manipulator is not one, not even two, but they call them institutions. Group of whales who derive pleasure in manipulations for their own profit and then play their game on weak hands while the swim in a lot of money later on. It is obvious and only few can really know that.

Good stuff that you have written though and this should throw some light to some people on why they really do not need to panic in this kind of time.